NOT LISTED FOR SALE

7049 Palamar Terrace Lanham, MD 20706

Estimated Value: $347,875 - $399,000

-- Bed
3 Baths
1,212 Sq Ft
$311/Sq Ft Est. Value

About This Home

This home is located at 7049 Palamar Terrace, Lanham, MD 20706 and is currently estimated at $377,219, approximately $311 per square foot. 7049 Palamar Terrace is a home located in Prince George's County with nearby schools including Gaywood Elementary School, Thomas Johnson Middle School, and Duval High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2017
Sold by
Lewis Albert
Bought by
Odesina Abimbola B
Current Estimated Value
$377,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,500
Outstanding Balance
$201,532
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$175,687

Purchase Details

Closed on
Mar 30, 2011
Sold by
Us Bank National Association Trs
Bought by
Lewis Ii Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,856
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2011
Sold by
Us Bank National Association Trs
Bought by
Lewis Ii Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,856
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 2010
Sold by
Mccollum Kadiatou
Bought by
U S Bank National Association Trs

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,856
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2005
Sold by
Sojourner John
Bought by
Mccollum Kadiatou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,600
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Odesina Abimbola B $250,000 Prefreed Titloe & Escrow Inc
Lewis Ii Albert $124,000 --
Lewis Ii Albert $124,000 --
U S Bank National Association Trs $170,000 --
Mccollum Kadiatou $302,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odesina Abimbola B $242,500
Previous Owner Lewis Ii Albert $120,856
Previous Owner Lewis Ii Albert $120,856
Previous Owner Mccollum Kadiatou $241,600
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,720 $307,600 $75,000 $232,600
2024 $4,720 $291,367 $0 $0
2023 $4,478 $275,133 $0 $0
2022 $4,237 $258,900 $75,000 $183,900
2021 $4,028 $244,867 $0 $0
2020 $3,820 $230,833 $0 $0
2019 $3,611 $216,800 $100,000 $116,800
2018 $3,534 $211,633 $0 $0
2017 $1,516 $206,467 $0 $0
2016 -- $201,300 $0 $0
2015 $3,271 $195,200 $0 $0
2014 $3,271 $189,100 $0 $0
Source: Public Records

Map

Maryland Prince George's County Lanham 20706

7049 Palamar Terrace, Lanham, MD

Not Listed for Sale

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